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To: Terry Whitman who wrote (49649)12/20/2000 11:46:01 AM
From: LLCF  Respond to of 436258
 
<People MUST have a place to live. They don't have to own stocks. >

Yea, it's just the debt holders [banks] that will be wiped out when Shrubs pulls an FDR and declares a moratorium on Clown mortgage payments.

DAK



To: Terry Whitman who wrote (49649)12/20/2000 2:58:45 PM
From: sammaster  Read Replies (1) | Respond to of 436258
 
i agree that people have to live somewhere but there are lots of internet/stock option related millionaires who borrowed depending on value of options and now they are worth zilch...
their high priced homes will go on sale and they will move to cheaper housing...i believe the high priced market homes will see the greatest percentage fall as these would be milionairs go down..

samir


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